Can high-yield bondskeep performing?

Just as potential Isa sales were looking at their most overcast, the high-yield bond market has returned more than 11% in a single quarter. Today's economic climate presents good opportunities for investors

We are now well into the Isa season and it is unfortunate that most Isa investors have yet to experience a positive return from the equity markets. With this in mind, much IFA money will surely be pointing toward the bond market. According to the latest figures issued by the IMA, the UK corporate bond sector was the only major asset class to make a positive return for investors last year. The average return of about 3.5%, which resulted from the boom in the investment grade end of the market, may not look much but in the current environment I can't see anyone complaining about actuall...